Ohio Agribusiness Association Educational Trust
- Assets
- $610.1k
- Revenue
- $55.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 01/1994
- Data as of
- 12/2022
- EIN
- 31-1387575
Organization Overview
Ohio Agribusiness Association Educational Trust is located in Columbus, OH. The organization was established in 1994. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Agribusiness Association Educational Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ohio Agribusiness Association Educational Trust generated $55.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $49.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ohio Agribusiness Association Educational Trust has awarded 22 individual grants totaling $287,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FUNDRAISE AND ACCEPT CONTRIBUTIONS TO BE ADMINISTERED AND DISBURSED TO PROVIDE SCHOLARSHIP ASSISTANCE TO OHIO STUDENTS PURSUING A CAREER IN AGRIBUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS RECEIVED TO FUND TRUST AND USED FOR SCHOLARSHIPS TO STUDENTS PURSUING A CAREER IN AGRIBUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Henney Trust Mgr, S | OfficerTrustee | 1 | $0 |
Dave Case Vice Chairma | OfficerTrustee | 0.5 | $0 |
Lee Sundermeier Chairman | OfficerTrustee | 0.5 | $0 |
Karen Alsop Trustee | Trustee | 0.5 | $0 |
Mike Erwin Trustee | Trustee | 0.5 | $0 |
Tracey Flore Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,954 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,954 |
| Total Program Service Revenue | $0 |
| Investment income | $1,289 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $42,760 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,003 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $15,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $49,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,023 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $487,542 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $610,065 |
| Accounts payable and accrued expenses | $4,048 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,048 |
| Net assets without donor restrictions | $606,017 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $610,065 |
Grants Awarded
Over the last fiscal year, Ohio Agribusiness Association Educational Trust has awarded $28,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: EDUC SCHOLARSHIPS | $14,000 |
GRANTS LESS THAN 5000 EACH PURPOSE: EDUC SCHOLARSHIPS | $8,000 |
Wilmington, OH PURPOSE: EDUC SCHOLARSHIPS | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission West Virginia Hurricane, WV | $896,692 | $3,486,347 |
Greater Pittsburgh Arts Council Pittsburgh, PA | $2,524,492 | $2,281,290 |
National Interscholastic Athletic Administrators Association Indianapolis, IN | $6,389,694 | $2,742,036 |
Clairvaux Institute Elmhurst Township, PA | $2,701,439 | $1,749,993 |
Culturesource Detroit, MI | $3,009,357 | $2,825,503 |
Walters Family Foundation Milford, MI | $17,995,622 | $1,842,537 |
Pittsburgh Urban Magnet Project Pittsburgh, PA | $278,931 | $945,829 |
Dayton Public Access Television Inc Dayton, OH | $3,334,474 | $517,341 |
Youth Over Us Inc Columbus, OH | $58,419 | $502,500 |
Brown County Playhouse Management Nashville, IN | $303,745 | $676,669 |
Wilma Valentine Childcare Inc Sidney, OH | $733,256 | $544,548 |
Norman Holland-Hull Instrument Library Philadelphia, PA | $522,296 | $436,581 |